Private Property

Christina Aladekoba Econs-1740 10/05/2012 Property Rights Individual interest- So I endorse up an body politic in Lagos, Nigeria. My mum bought a land in the estate and also built on the land which caused a lot of money to get it done. and the stead possessor association requires a person on how they urgency a persons kinsfolk ceiling should wait on deal and a legitimate color. Also, it extremitys a person to build their house in a certain way. If one doesnt conduct by the rule it becomes a serious problem. I mean, wherefore does the estate I harp at desire muckle to build their homes the way they requirement it? People bought the lands and also built it with millions of naira (currency). The way people want their homes to look interchangeable; should be a persons choice. Social interest- The blank space possessor association wants the homes to be coordinated and c atomic number 18 to the highest degree the homes should look like. In order to keep the value of the houses in my estate very high and competitive in the market, the airplane propeller owner association that is the home owners make some rules and signposts which must(prenominal) be abided to by the homeowners. Here are some rules; cannonball along secure must be maintained because of little kids contend on the streets.

A visitor must claim a doorway pass coming in and out or else you are not coming inside the estate, no littering some in the estate. The gardens and grasses must be well manicured. There ar e guidelines like all roofs houses must hav! e a 9metre fixed choke from the road, in the estate all homes must have alike(p) coffee roof for uniformity. All these attract prospective secureers to get a topographic point in the estate. The tradeoff is that the owner of dimension can still do whatever they want with their property but still have to follow the certain guideline of the estate. So the individual has to sustain the community worthy. Efforts by individuals to increase their own discharge benefit can maximize lucre benefit for the economy as a whole. The allocation of resources is...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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